1601 Rutherford Ln
Flex-Industrial Opportunity | Northeast Austin
Marketing description
1601 Rutherford Lane, known as Rutherford Place, is a flex-industrial commercial asset located in the Walnut Creek submarket of Northeast Austin, Texas. Built in 1984, this functional masonry facility spans 55,447 square feet (per owner) situated on a spacious 4.82-acre lot. The building is designed in a V shape for logistics and light manufacturing needs, with 3-phase power supply, clear heights up to 21 feet, three drive-in bays, and a dock leveler. Much of the property was converted to office use and offers the ability to convert it back to small-bay industrial use. The property accommodates multiple types of uses with its air-conditioned space across its flexible sized suites, coupled with a parking ratio of 5.50 spaces per 1,000 square feet (282 total spaces). The State of Texas currently leases two suites totaling 22,992 square feet through September 30, 2026 however, they have already vacated the premises.
For more information and to sign a CA visit - CBRE-1601Rutherford.com
Investment highlights
- Rare Infill Small-Bay Industrial Opportunity
- Driven by Austin’s Tech & Manufacturing Expansion
- Significant Lease-Up Upside at 29% Occupancy
- Attractive Basis for Value-Add Investors
- Flexible Opportunity for Investors & Owner-Users
- Connectivity to Round Rock, Taylor, Hutto, and Pflugerville
- Limited Supply of Functional Flex Space
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